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HSBC set a €57.00 ($66.28) price objective on Norma Group (ETR:NOEJ) in a research note released on Thursday. The brokerage currently has a buy rating on the stock.
A number of other equities research analysts have also commented on NOEJ. Commerzbank set a €54.00 ($62.79) price target on Norma Group and gave the company a neutral rating in a research report on Wednesday, November 7th. Baader Bank set a €68.00 ($79.07) price target on Norma Group and gave the company a buy rating in a research report on Wednesday, November 7th. Societe Generale set a €71.00 ($82.56) price target on Norma Group and gave the company a buy rating in a research report on Wednesday, November 7th. Warburg Research set a €61.00 ($70.93) price target on Norma Group and gave the company a buy rating in a research report on Wednesday, November 7th. Finally, Kepler Capital Markets set a €46.00 ($53.49) price target on Norma Group and gave the company a neutral rating in a research report on Wednesday, November 7th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of Buy and a consensus target price of €56.08 ($65.21). Get Norma Group alerts:
ETR NOEJ opened at €44.22 ($51.42) on Thursday. The firm has a market capitalization of $1.41 billion and a P/E ratio of 11.51. Norma Group has a 12 month low of €40.44 ($47.02) and a 12 month high of €70.15 ($81.57). The company has a quick ratio of 1.56, a current ratio of 2.57 and a debt-to-equity ratio of 101.02. About Norma Group
NORMA Group SE, together with its subsidiaries, manufactures and sells engineered joining technology solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. The company provides quick connectors, hose clamps, retaining clamps, and pipe couplings. Its products are used in cooling system, emission control, air intake and induction, ancillary system, aviation, infrastructure, irrigation, marine, off-road, pharma and biotech, and road applications. Norma Group Norma Group
